Yeah, a lot of BS hitting the threads@Deme The 15c options allow...

Yeah, a lot of BS hitting the threads@Deme The 15c options allow holders to convert funds at a higher value. After all, you get a free option if you can sell above 11c and convert to this agreement. This is a small cap raise compared to others. This deal is basically the same deal PLS did at 30c and PLS is now trading at $4.80. We are going mining fellas so what is the blue sky here? $1/share next year? $2 the year after as the copper price drifts higher?

Receipt by Cyprium of binding commitments for US$140 million (AUD$195m on today's FX rate) or an A$ equivalent amount in Senior Secured Bonds on terms that are confirmed in writing to be to the satisfaction of the Joint Lead Managers (acting reasonably) that combined with the US$35 million prepayment facility and A$20 million of Placement proceeds fully finance the Nifty Restart Project;